Bill & Melinda Gates Foundation, the world’s largest private foundation, has reportedly lost tens of millions of dollars through their holdings in the WGI Emerging Markets Fund, which is managed by Westwood Global Investments.
Nationally, companies raised $17.5 billion in the second quarter. The second quarter was the sixth consecutive quarter of more than $10 billion of venture capital invested. Virginia companies picked up $48 million in 22 deals in the quarter, a drop from $93.2 million in 25 deals...